Keep City Attorney Out Of Pension Plan in Case Stock Market Falls Again

Sunday

Feb 17, 2013 at 12:11 AM

I am against allowing the Lakeland city attorney into the pension plan.As a retiree of the city, every time we have gone to City Manager Doug Thomas and the city commissioners about a cost-of-living increase, as was standard for years, we were told the plan could not support it. They said we lost so much when the bottom fell out. They keep telling us the plan has not regained enough. However, I see in the paper, Thomas said, "The pension plan is strong." ["City Attorney Wants Traditional Pension," Feb. 12].What happens if the stock market drops really low again?JAMES HALLLakeland